South Africa mines minister maintains 30% black ownership target in charter
South Africa's new mining charter will require holders of mining rights to have a black ownership level of at least 30 percent within five years.
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Biggest Sibanye Gold unions get approval to strike over pay
The National Union of Mineworkers and Association of Mineworkers and Construction Union received strike certificates at Sibanye after negotiations.
China adopts more flexible output curbs to battle winter smog
Northern China’s key industrial hub will adopt a more flexible program for its anti-pollution output curbs this winter.
Chile greenlights Latin America’s largest desalination plant
The ENAPAC project is meant to serve mainly the mining industry, which is very active in Chile’s dry, but copper and lithium-rich north.
Barrick’s Bristow bet seen as boosting South America revival
Barrick’s South America team “will be focused not only on bringing to account and dealing with the challenges around Pascua-Lama and Veladero,’’ but also on expanding assets and partnerships in Peru, Bristow said.
Tesla gets Panasonic’s help with ahead-of-schedule battery plant
Panasonic Corp. is taking steps to help Elon Musk solve the “production hell” problem that has plagued the car that’s key to making profits.
Freeport, Rio formally yield control of giant Grasberg mine to Indonesia
Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.
Ford CEO says Trump metals tariffs took $1B of profit
Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.
Summer work in Golden Triangle paves way for final feasibility
After delays caused by adverse weather and fires, Seabridge Gold Inc announced that its summer program is meeting its objectives.
